Business Expansions Reflect State’s Diverse Economy
6 Jun 2019
Agralite Arrowhead BENCO Brown Connexus Light and Power Crow Wing Dakota East Central Federated Goodhue Itasca Kandiyohi Lake Country Lake Region McLeod Meeker Mille Lacs Minnesota Valley Nobles North Itasca Redwood Runestone South Central Stearns Electric Steele Todd Wright Hennepin
Minnesota’s diverse economy is reflected in the 226 business expansion projects that were publicly announced in 2018 and tracked by DEED. These projects were spread across the state and involved companies of all sizes in more than 40 industries.
While complete data is not available for all of the projects, these expansions represent at least 8,829 new jobs and 1,672 retained jobs. They also reflect new investment of at least $2.4 billion and over 7.5 million square feet.